#layoffs

I recently resigned because my lit job started to feel like I was at Allstate or Geico. Upper management micromanaging has reared their ugly head and begun making life miserable. I wonder how much worse it will get

Source tells me voluntary layoffs are coming.

Please god

Classic Drum "We know we have been doing badly in pre sales. Strange he kept on saying we are doing good. Finally admits losing customers to other clients, re org of the GIS Sales team.

Looks like his on his way out this his last chance. Dave K has been made the new Sales leader, eventually primed to take over Drums job.

With Mortal Kombat II hitting movie theaters and video game platforms this summer, employees here swear RV has been studying for a cameo. Not as a hero—those roles require budgets—but as the impeccably calm, soul-stealing iconic super-villain who whispers “Your soul is mine!” every time another “efficiency initiative” rolls out and heads must roll.

In this corporate remake, positive operating leverage is his finishing move.
Shareholders cheer as expenses drop, margins rise, and the stock price performs a “flawless victory. “

Meanwhile, employees brace for the monthly and quarterly “global realignments,” which arrive with the predictability of a franchise sequel.

Associates joke that RV has mastered a rare power: absorbing the power of others, all while maintaining the GLP1 expression of someone who already knows the next round’s outcome.

In this Mortal Kombat remake, no one throws a punch. DM's spreadsheets do all the fighting.

Nike stock up 40 cents today. Adidas stock up over 3 dollars today.
Every leader should be embarrassed as they take months to fumble another layoff execution.
Fing ridiculous…..
Tech is a joke.
3soles not cutting it….

Shouldn't come as a surprise to anyone but this seems to be a deeper one.

Over the past few years, I’ve noticed a consistent pattern: when full-time employees in my role leave, they’re almost always replaced with contractors rather than new permanent hires. That shift feels telling. It suggests that Truist may no longer see this position as a long-term investment, instead opting for the lower cost and reduced obligations that come with contract workers. No benefits, no paid time off, and a built-in exit after a fixed term.

This wasn’t always the case. Historically, Truist staffed this role with full-time employees, which reflected a different level of commitment. What makes the change even more striking is that a closely related job family within the same organization continues to be filled exclusively with permanent hires. The contrast highlights a clear shift in priorities: one job family appears to be viewed as strategically important for the long term, while the other, despite having the same pay grades, is treated as more temporary or expendable.

Our Q1 earnings call opened with its usual corporate shine: revenue up, efficiency up, and the stock price climbing like it had somewhere far better to be. But when the discussion turned to employee merit increases, the mood darkened faster than a server outage on payroll day.

Executives praised their “disciplined approach to compensation,” which employees on TheLayoff.com immediately translated as: “Your raise will be so small it can be expressed in decimal places.”

Associates reported merit bumps between 0.00% and 1.00%, the kind of increase that doesn’t meaningfully change anyone’s paycheck—or mood.

Meanwhile, the Executive Committee’s compensation disclosures told a very different story—one written in double digit percentages. As one commenter put it: “Our single digit raises must be the secret engine powering the double-digit growth in the stock price… and the even bigger growth in the CEO’s bonus.”

Consider RV’s 2025 total annual compensation of $83.5 million USD is roughly equivalent to the annual earnings of about 17,000 average workers in Pune, India. Interestingly, according to company sources, BNY India operations currently employ 7,000+ people across Pune and Chennai.

The CFO’s package drew similar reactions: “My raise couldn’t cover a tank of gas. His could fund all the lost tolls for ships transiting the Strait of Hormuz.”

Employees joked that BNY had perfected a new economic model: Shrink employee raises + Inflate margins = Celebrate the ‘efficiency gains’ with ginormous executive compensation packages.

By the end of the call, the stock was soaring, the executives were glowing, and associates were refreshing TheLayoff.com to see who got “realigned” next in the daily crusade for cost-efficient chaos.

A flawless quarter. KPI’s say one thing while non-digital human associates say something very differently.

Layoffs are coming to the GES space Monday. 40% of mobility CSMs plus GES sales will be impacted.

Vendors, I recommend preparing your resumes and to start the interview process. The culling has already begun internally, getting announced in the next couple weeks.

https://tmo.report/2026/04/t-mobile-loses-american-and-united-airlines-as-in-flight-wi-fi-partner/

Just read WSJ article 04.15 by Chip Cutter. Y’all should be happy if you still have a job; especially in tech.

I have never seen a more chaotic and poorly managed business in my long career. Letting go of some of your best and hardest working people never ends well. If the Board and CEO were trying to streamline the company, they failed miserably.

My advice: Bring back the good, hard-working people who were let go and fire the CEO.

From Preauth... what are you all hearing? We are being ignored and we have no clue whats coming. Give us a heads up please. 13 years..

I know some LG1/LG2 roles have been eliminated across North America. Not sure if the L-1 to L11 populations also would get affected. Scary days ahead !!!

The year Chevron made the most money and the employees made nothing more for their work. Chevron on track for another record year and another middle finger to the hard workers who decided to stay. 100+ people that I know are ready to walk. Take care of your people or you will find out we can fu-k you harder.

We are realigning Professional Services to ensure our structure and staffing align with current and forecasted customer demand and expectations As part of this change, up to 40 positions across Professional Services may be eliminated These actions are not a result of the pending NEC acquisition.

As part of this realignment, up to 40 Professional Services roles within the Solution Delivery, Ascendon Delivery, and MS/Delivery Enablement teams may be eliminated

The situation at Verizon perfectly encapsulates a bitter reality of the corporate ecosystem: when leadership miscalculates, the workforce absorbs the shock.

The executives who championed the failed pricing strategies of the past are rarely the ones standing in the unemployment line. Instead, the everyday workers pay the price for those executive missteps so that the institutional investors can recoup their money.

​Schulman’s strategy may very well succeed in bouncing Verizon's stock price back to a respectable valuation. The math might start working again.

But what the brand truly stands for when its financial resurrection requires the systematic dismantling of its own culture and the displacement of the very people who trusted the company with their careers.

It is a financial victory achieved through a human loss.

Layoffs: Reality for the folks older than 50

New data shows 24% of people laid off between ages 50-65 can't find another job.

Those who do? Average 11% pay cut.

Men take 15% hits, women 7%.

The wait is worse: 55-64 year olds spend 26 weeks unemployed vs 19 weeks for younger workers.

Many settle for jobs without benefits, crushing retirement plans.

Half of older workers expect gradual retirement transitions.

Reality? 70% get the full stop treatment.

Save young or work forever. There's no middle ground.

Source: Center for Retirement Research/Boston College/WSJ

People on here have posted that stores will be converted to indirect by this summer but no mention of this with upcoming layoff rumors.

Once certian projects are finished they will lay off the rest of that department and let L T I take over. Congrulations on working yourself out of a job. HR will mostly be replaced by a computer. Get used to talking to a machine. Middle management will be gutted. They won't be needed since LTI has their own management in place.

Projects will be downsized further and support groups dismantled and/or gone.

Operations you aren't safe. They are looking at you.

Anyone who is of retirement age will be next. If you have several complaints in your file you will also be gone. There won't be anyone left at cpchem except for a few in corporate. You are a number, remeber that. They don't care. They never did.

Nothing gets done. Priorities change by the day. Projects launch and die overnight. Key people vanish without warning. Managers are overwhelmed. I've completely checked out. No more goal-oriented work, just treading water. And I'm pretty sure most people are doing the same.

Maybe the era of doing nothing and raking in massive bonuses is finally winding down. The only problem is, where do you find executives who actually understand how to run a business properly?

I can't think of a single thing. Take away the paycheck and the fear of being laid off, and there's nothing left. Why invest effort in a job that could vanish tomorrow, no matter how hard you work? Promotions are a thing of the past. No rewards for anything. Just constant threats hanging over your head.

Just got off a call with a bunch of colleagues that were let go. Good talk but it was really surprising that some of them, after been kicked to the curb via an effing EMAIL after in some cases 20+ years are still in contact with their former team and HELPING them? I suspect that some will have to go back to their home country or whatever but ORACLE LET YOU GO! There is no loyalty there, I'd rather take on a lesser role than go back like a sniveling little coward! I have some pride and can go back to being a Mom and wife then consider if working again makes sense...
Call me crass but there is no effing way I am going to help a company that let me go in this manner. I know a lot of us had a lot of our identity tied up in working, sad actually as its 'Work to live not live to Work' Unless you have an ugly husband (or wife) and would rather work than be with them. The paychecks are nice but there is a lot of meaning to life outside of money. Remember that...

Next week or the week after? Anyone have credible info? I thought next week was unlikely given all the planned events, but now I'm hearing they might happen anyway.

And it'll be a miracle if anything is still functioning in the near future. Some teams have been almost completely destroyed by the recent moves. What's the actual end game here?

Hard to believe greed would just skip over an entire region.

Skilled and experienced people gutted. Again. The ones who actually knew what they were doing. Left with the rest of us expected to pick up the pieces.

I mean, it's very easy to blame bootlickers, M5s and above, but overall it doesn't seem to add up. If I am being objective about it, I have not seen anyone extraordinarily good being laid off, ie, I was not shocked on hearing about someone. Sure, everyone claims they toiled long and hard, but only they know the truth.

I feel like I’m being micro managed and pocket watched to the point where I think I’m being pushed out. I also think my job is on the line and in the next couple years it’s either gonna be obsolete or outsourced offshore. For reference I’m in the client services dept. anyone else?

Are we eligible? What are the rules.

Florida will have cuts at the end of this month in a certain team. They just want all the work finished first, then May 1 there will be a 5 min outlook invite.

Let's consolidate all that we know here in this thread.

I'm starting to see reqs open up again (at least in my org). Are the worst times truly behind us?

Hearing of some Atleos RIFs that occurred today. The ones that i know of were field service folks. Any one else got impacted today?

Everyone get prepared, bank fraud leaders are traveling to Phoenix next week. They all have full day agendas to discuss head count! Fraud detection is next for impact of layoffs!

There’s a big discussion about May 26 big layoffs in my team. Have anyone heard anything about May 26?

I know people keep mentioning so called "surgical" layoffs that are constantly happening, but this seems larger than that. Am I wrong?

Are rumors about May layoffs true?